As previously disclosed, Regency acquired shares of AmREIT, Inc.
(”AmREIT”) common stock for a total investment of $14.3 million.
Subsequent to AmREIT’s announcement on October 31, 2014 that it had
entered into a definitive agreement to be acquired by Edens Investment
Trust, Regency liquidated its equity position in AmREIT, which, after
associated pursuit costs, resulted in a net gain of approximately $6.0
million. The Company has reflected this gain in its update to full year
2014 FFO guidance. Due to the one-time nature of this transaction, the
net gain is not included in the Company’s update to full year 2014 Core
FFO guidance.

Reconciliation of Net Income attributable to Common Stockholders to
FFO and Core FFO

Full Year

Full Year

FFO and Core FFO Guidance:

2014

2015

Net income attributable to common stockholders

$

1.50

1.53

$

0.92

0.98

Adjustments to reconcile net income to FFO:

Depreciation and amortization

1.99

1.99

1.97

1.97

Gain on sale of operating properties, net of tax

(0.61

)

(0.61

)

0.00

0.00

All other amounts

0.00

0.00

0.00

0.00

Funds From Operations

$

2.88

$

2.91

$

2.89

$

2.95

Adjustments to reconcile FFO to Core FFO:

Development and acquisition pursuit costs

0.03

0.03

0.02

0.02

Gain on sale of land

(0.04

)

(0.04

)

0.00

0.00

Gain on sale of AmREIT, net of costs

(0.06

)

(0.06

)

0.00

0.00

All other non-core amounts

0.00

(0.01

)

0.00

0.00

Core Funds From Operations

$

2.81

$

2.83

$

2.91

$

2.97

About Regency Centers Corporation (NYSE: REG)

With more than 50 years of experience, Regency is the preeminent
national owner, operator and developer of high-quality, grocery-anchored
neighborhood and community shopping centers. The Company’s portfolio of
326 retail properties encompasses over 43.6 million square feet located
in top markets throughout the United States, including co-investment
partnerships. Regency has developed 218 shopping centers since 2000,
representing an investment at completion of more than $3 billion.
Operating as a fully integrated real estate company, Regency is a
qualified real estate investment trust that is self-administered and
self-managed.

Forward-looking statements involve risks and uncertainties. Actual
future performance, outcomes and results may differ materially from
those expressed in forward-looking statements. Please refer to the
documents filed by Regency Centers Corporation with the SEC,
specifically the most recent reports on Forms 10-K and 10-Q, which
identify important risk factors which could cause actual results to
differ from those contained in the forward-looking statements.

JACKSONVILLE, Fla.--(EON: Enhanced Online News)--Regency Centers Corporation (The “Company”) (NYSE: REG) will announce its third quarter 2017 earnings on Wednesday, November 1, 2017 after the marke... more »

JACKSONVILLE, Fla.--(EON: Enhanced Online News)--Regency Centers Corporation announced today that it is scheduled to make a presentation at the Bank of America Merrill Lynch 2017 Global Real Estate... more »